U.S. gross domestic product increased 1.4 percent in the second quarter of 2016, according to the “third” estimate from the Department of Commerce, following a revised increase of just 0.8 percent in the first quarter.
Lawmaker asks USDOT to consider further crude-by-rail regulations
Rep. Jaime Herrera Beutler, R-Wash., has requested the Department of Transportation study potential methods for reducing the combustibility of crude oil trains.
Airports step up lookout for illicit wildlife trade
Airports Council International, a trade association representing the world’s airports, has approved a resolution to support the United for Wildlife Transport Task Force campaign.
Hanjin Shipping lays off about one-third of U.S. staff
Sources said the South Korean liner carrier will lay off about 180 members of its 500 person workforce in the United States on Friday.
Chamber of Marine Commerce, CSA merge
The Ottawa-based Chamber of Marine Commerce will take over the operations of the Canadian Shipowners Association.
Executive Moves: Norfolk Southern, SynchroNet and Alliance Shippers
Norfolk Southern’s chief legal officer retires, while SynchroNet Intermodal Services names DoorLogistics sales director and Alliance Shippers appoints assistant vice president of sales.
MSC, ZIM launch new Black Sea service
The weekly loop is scheduled to launch in November to meet agricultural season demand.
Ocean carriers alter Asia-U.S. loops for winter ‘slack season’
The ZIM operated Seven Star Service between Asia and the U.S. East Coast will be suspended for the winter slack season, but the Israeli carrier will join the G6 Alliance’s SVS on the trade as a vessel provider, dubbing it the Seven Star Winter Service.
Widdows: It’s hard to see a way forward for Hanjin
Ron Widdows, the former chief executive officer of both Neptune Orient Lines and Rickmers Holding, told American Shipper he thought Hanjin Shipping handled its financial collapse “pretty badly.”
CP president wants Canadian locomotive recorder rule implemented
Canadian Pacific’s president Keith Creel has called on the country’s transport minister to implement locomotive voice and video recorders (LVVRs) as soon as possible, citing the value of the devices as a way to improve safety and prevent accidents.